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ICE oil challenge still burning bright


Volumes in Intercontinental Exchange (ICE)'s WTI crude contract continued to gain ground last week as the exchange hit 30% market share in a single day, taking its WTI average daily market share to nearly 25% in April.

ICE traded over 143,000 WTI contracts on 25 April, 30% of the total number of WTI contracts traded on ICE and New York Mercantile Exchange (Nymex) combined. The exchange had previously announced that it achieved consecutive daily WTI records of 100,787 and 121,027 on 11...

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